Pre-transport stock-stock stock-energy stock-energy stock-inventory has registered its energy stock after Israel launched airstrikes on Iran without US support, amid a surge in oil prices, raising concerns over airstrikes on Iran without US support, the oil-rich supply outlook from the Persian Gulf. The Chevron and Exxon Mobil each rotated about 3%, while the Conoco Phillips jumped over 4%. EOG resources earned over 3%. Gold Stocks – Stocks tied to gold as investors flock to safe shelters perceived in geopolitical escalations. Newmont and SSR Mining both rose by more than 1%, and so did Vaneck Gold Miners ETF (GDX). Defense Stocks – Arms makers rose amid rising geopolitical risks after Israel was attacked on Iran. Both RTX and Northrop Grumman surged by over 4%, Lockheed Martin earned 3.5%, while L3Harris technology added 2.2%. Cruise lines and airlines – Travel agencies slipped as investors worried that increased risk would block vacations and surges in oil prices would damage profits. Carnival fell more than 4%, while Norwegian cruise line and Royal Caribbean cruises each fell more than 3%. United Airlines fell by more than 5%, while Delta and American Airlines each fell by more than 4%. Southwest Airlines has flowed more than 2%. Hotel Inventory – Hotel and resort stocks fell as traders overwhelmed the prospects of a decline in travel demand after Israel attacked Iran. Hilton Worldwide and Intercontinental Hotels Group each skid over 2%, while Marriott pulled back nearly 2%. RH – Furniture retailers rose 19% after posting surprise adjusted profits in the first quarter. RH scored 13 cents adjusted per share, but analysts surveyed by LSEG were expecting a loss of 9 cents per share. The $8 million net profit overturned a $3.6 million loss per year, but revenue dragged street estimates. RH stocks were down more than 50% per year than reported. Stocks in the DraftKings – Sports Betting app lost almost 3% after imposing a 50-cent trading fee in Illinois in September after state lawmakers handed over budgets that included what they described as a surprising increase in online gambling taxes. Adobe – Stocks fell more than 3% after the graphic design software company posted second-quarter earnings that exceeded expectations. StreetAccount cited concerns about “a slight slowdown in the implicit growth outlook for subscriptions and CRPO growth (and)”. In the most recent quarter, Adobe won $5.06 adjusted with revenues of $5.87 billion, exceeding $4.96 per share, over $5.96 million for revenue analysts surveyed by LSEG. Adobe has also unsubscribed its year-round guidance. Ge Vernova – The turbine maker slipped nearly 3% on the heels of peer performance downgrades from Wolfe Research’s outperform. Analyst Nigel Coe cited concerns about Ge Vernova’s “challenging ratings” after winning more than 48% stake in 2025.
CVX, UAL, NOC, RH etc.
